CRH plc ( (CRH) ) just unveiled an update.
CRH plc has announced the acquisition and subsequent cancellation of 66,575 of its ordinary shares in the United States, as part of a share buyback program aimed at repurchasing up to $300 million worth of shares by May 2025. This move is part of CRH’s strategy to optimize its capital structure and enhance shareholder value, potentially impacting its market position and financial performance.
More about CRH plc
CRH plc operates in the building materials industry, providing a wide range of construction products and services. The company is a leading supplier of cement, aggregates, asphalt, and ready-mixed concrete, serving markets across the globe.
YTD Price Performance: 2.00%
Average Trading Volume: 471,188
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £49.36B
For a thorough assessment of CRH stock, go to TipRanks’ Stock Analysis page.
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